Las Cruces, NM Retail Space for Sale

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Mesilla, NM La Mesa, NM Dona Ana, NM Mesquite, NM Organ, NM Vado, NM Radium Springs, NM Berino, NM

35 properties

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Updated: Sep 20, 2025

4-Unit Strip Mall

144 Wyatt Dr, Las Cruces, NM 88005

$1,100,000

7,380 sqft

Four‑unit retail building with all units fully leased
Shared restrooms and break room for tenants and staff
Central air and forced‑air heating
24,000 listed in the property data
Lot size listed as .51 to .75 AC

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This listing looks promising.

Here's a quick look at some key insights for

144 Wyatt Dr, Las Cruces, NM 88005

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Est. Cap Rate

5.4%
NOI ÷ price
Est. NOI

$60K
Annual
Mortgage

$500K
Feb 2023
Property Type

Neighborhood: Shopping Center, Strip Center, Enterprise Zone
Built 1969

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Updated: Apr 21

Leased NNN Retail Property

1615 N Solano Drive, Las Cruces, NM 88001

$1,143,000

0.33 AC lot

Fully leased retail property with NNN lease structure
0.33‑acre lot at 1615 N Solano Drive, Las Cruces, NM 88001
Tenant responsibilities include taxes, insurance, and maintenance
Frame and stucco construction with a flat roof
Natural gas and forced‑air heating with central air conditioning

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Retail Space with Open-Air Market

5580 E Bataan Memorial, Las Cruces, NM 88011

$4,900,000

18.61 AC lot

Owner-operated indoor and outdoor swap meet business with multiple structures, utility shelters, and public services.

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Mixed-Use Property with Retail Space

1695 N Main Street, Las Cruces, NM 88001

$550,000

1,960 sqft

NH-2.U.MX zoning supports a combined retail, work-area, and residential configuration.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Freestanding Retail and Flex Building

101 East Union Avenue, Las Cruces, NM 88001

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12,000 sqft 2.20 AC lot

Single-tenant freestanding retail and flex building suited for retail, office, or industrial use.

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Free-Standing Retail Building

420 E Foster Rd, Las Cruces, NM 88005

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1,120 sqft

Recently updated interior includes a barber-oriented layout, reception area, customer waiting space, and on-site parking.

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Freestanding Storefront Building

127 E Amador Ave, Las Cruces, NM 88001

$400,000

6,058 sqft

CBD-zoned downtown building with prior bar and convenience store use, requiring renovation.

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Multi-Tenant Retail Office Center

3961 E Lohman Ave, Las Cruces, NM 88011

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35,000 sqft 4.75 AC lot

Four-building retail office center that is 100% occupied, with NNN leases covering most tenants.

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Net-Leased Sports Retail Building

2230 N Telshor Blvd, Las Cruces, NM 88011

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26,763 sqft

Freestanding, single-tenant Sportsman’s Warehouse is net-leased in a 26,763 SF retail building off I-25 and N. Telshor Boulevard.

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Two-Story Retail Building with Drive-Thru

523 E Idaho Ave, Las Cruces, NM 88001

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6,904 sqft 1.72 AC lot

Two-story standalone building with a drive-thru, on-site kitchen, and ample parking on C-2 commercial land.

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Retail Storefront Property

4157 White Sage Arc, Las Cruces, NM 88011

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5,500 sqft

For sale retail storefront in Las Cruces, supported by a substantial local population and strong regional connectivity.

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Retail and Office Space

1020 East Lohman Avenue, Las Cruces, NM 88001

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2,249 sqft

Commercial units totaling approximately 2,249 SF with an adjacent lot for additional parking along a major east-west corridor.

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Retail Storefront with Loading Door

1709 N Solano Dr, Las Cruces, NM 88001

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2,400 sqft

Corner-site retail property with a fenced yard, private parking, and rear loading access.

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Retail Space for Sale

641 Thorpe Rd., Las Cruces, NM 88007

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7,200 sqft

Retail offering totaling 7,200 SF available for purchase at 641 Thorpe Rd.

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Retail Investment Property in Las Cruces

4169 White Sage Arc, Las Cruces, NM 88011

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3,525 sqft

Two-tenant NNN retail property in Las Cruces' Sonoma Ranch.

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Retail Property with Swap Meet

5580 E Bataan Memorial # 1-6, Las Cruces, NM 88011

$5,500,000

30,037 sqft 18.61 AC lot

Two buildings, covered outdoor areas, and available utilities accommodate an ongoing owner-operated commercial business.

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Remodeled Cannabis Retail Property

750 S Main St, Las Cruces, NM 88001

$499,999

2,879 sqft

C-2 zoning, ample parking, and a new three-year lease support the property’s established retail operation.

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Retail Space Available

1030 El Paseo Rd, Las Cruces, NM 88001

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4,658 sqft

Retail space with 4,658 SqFt available for sale.

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Two-Building Retail Office Corner

2640 El Paseo Rd., Las Cruces, NM 88001

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1.47 AC lot

Two separate buildings on a hard-corner site at a lighted intersection, with frontage on University and El Paseo.

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Freestanding Retail Space

840 N Telshor Blvd, Las Cruces, NM 88011

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45,641 sqft

Commercial retail premises offering substantial existing floor area for occupancy or repositioning.

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Commercial Land with Interstate Frontage

5580 BATAAN MEMORIAL E, Las Cruces, NM 88011

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30,037 sqft

An operating indoor/outdoor swap meet occupies a large commercial land holding with multiple site improvements.

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Standalone Office Building

1007 El Paseo Rd, Las Cruces, NM 88001

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3,120 sqft 0.37 AC lot

Open-shell commercial space at a signalized corner intersection supports retail or professional office use.

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Popeyes Retail Space with Drive-Thru

4520 Sonoma Ranch Blvd, Las Cruces, NM 88012

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3,347 sqft

New construction and a 20-year lease define the offering.

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Standalone NNN Property

4153 White Sage Arc, Las Cruces, NM 88011

$3,138,461

5,100 sqft

A 2022 standalone building occupied by Sherwin Williams under a corporate-guaranteed NN lease.

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Las Cruces, NM Retail Space Market Trends and Statistics

Explore 72 retail space for sale in Las Cruces, NM, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 261,325 square feet of properties for sale, with an estimated market value of $17,310,460.

Sale prices for retail space in Las Cruces, NM start at $79,000, averaging $1,923,384, and reaching up to $5,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 159K

Population Growth (5Y) +10.5%

Median Household Income $57,444

College Educated 43.5%

High-Yield Neighborhoods for Investment

Identify Las Cruces submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
88001	$99.5K
88007	$450K
88011	$4.9M

Taxes & Financing

Tax Rate (average for all types) 3.37%

Property Tax per SF $72.66 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Dona Ana County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Las Cruces fall within the 100,000+ square foot range.

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Las Cruces, NM Retail Space for Sale

144 Wyatt Dr, Las Cruces, NM 88005

1615 N Solano Drive, Las Cruces, NM 88001

5580 E Bataan Memorial, Las Cruces, NM 88011

1695 N Main Street, Las Cruces, NM 88001

101 East Union Avenue, Las Cruces, NM 88001

420 E Foster Rd, Las Cruces, NM 88005

127 E Amador Ave, Las Cruces, NM 88001

3961 E Lohman Ave, Las Cruces, NM 88011

2230 N Telshor Blvd, Las Cruces, NM 88011

523 E Idaho Ave, Las Cruces, NM 88001

4157 White Sage Arc, Las Cruces, NM 88011

1020 East Lohman Avenue, Las Cruces, NM 88001

1709 N Solano Dr, Las Cruces, NM 88001

641 Thorpe Rd., Las Cruces, NM 88007

4169 White Sage Arc, Las Cruces, NM 88011

5580 E Bataan Memorial # 1-6, Las Cruces, NM 88011

750 S Main St, Las Cruces, NM 88001

1030 El Paseo Rd, Las Cruces, NM 88001

2640 El Paseo Rd., Las Cruces, NM 88001

840 N Telshor Blvd, Las Cruces, NM 88011

5580 BATAAN MEMORIAL E, Las Cruces, NM 88011

1007 El Paseo Rd, Las Cruces, NM 88001

4520 Sonoma Ranch Blvd, Las Cruces, NM 88012

4153 White Sage Arc, Las Cruces, NM 88011

Las Cruces, NM Retail Space Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Property Size Breakdown

Need Help?

Browse Retail space for Sale Near Las Cruces, NM

Popular Searches in Las Cruces, NM

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Las Cruces, NM Retail Space for Sale

144 Wyatt Dr, Las Cruces, NM 88005

1615 N Solano Drive, Las Cruces, NM 88001

5580 E Bataan Memorial, Las Cruces, NM 88011

1695 N Main Street, Las Cruces, NM 88001

101 East Union Avenue, Las Cruces, NM 88001

420 E Foster Rd, Las Cruces, NM 88005

127 E Amador Ave, Las Cruces, NM 88001

3961 E Lohman Ave, Las Cruces, NM 88011

2230 N Telshor Blvd, Las Cruces, NM 88011

523 E Idaho Ave, Las Cruces, NM 88001

4157 White Sage Arc, Las Cruces, NM 88011

1020 East Lohman Avenue, Las Cruces, NM 88001

1709 N Solano Dr, Las Cruces, NM 88001

641 Thorpe Rd., Las Cruces, NM 88007

4169 White Sage Arc, Las Cruces, NM 88011

5580 E Bataan Memorial # 1-6, Las Cruces, NM 88011

750 S Main St, Las Cruces, NM 88001

1030 El Paseo Rd, Las Cruces, NM 88001

2640 El Paseo Rd., Las Cruces, NM 88001

840 N Telshor Blvd, Las Cruces, NM 88011

5580 BATAAN MEMORIAL E, Las Cruces, NM 88011

1007 El Paseo Rd, Las Cruces, NM 88001

4520 Sonoma Ranch Blvd, Las Cruces, NM 88012

4153 White Sage Arc, Las Cruces, NM 88011

Las Cruces, NM Retail Space Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Property Size Breakdown

Need Help?

Browse Retail space for Sale Near Las Cruces, NM

Popular Searches in Las Cruces, NM

Popular Categories

Most Searched ZIP Codes in Las Cruces, NM

Featured Las Cruces Real Estate Agencies

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